First Watch Restaurant Group's Q1 Earnings: Sales Surge, Loss Narrow

First Watch Restaurant Groups stock surged six percent following their first-quarter earnings report, despite a four-cent loss per share. Sales soared seventeen percent, surpassing expectations, and they maintained their guidance for same-store sales growth between one and three percent. The company opened sixteen new locations, bringing their total to six hundred forty-eight across thirty-two states. Known for their daytime-only menu and healthy ingredients, First Watch plans to open fifty-nine to sixty-three new restaurants in 2026, aiming to self-fund expansion with a lean growth strategy. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/75842b4f3833a1f6